United Capital Management of KS Inc. Decreases Position in Uber Technologies, Inc. $UBER

United Capital Management of KS Inc. lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 32.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,963 shares of the ride-sharing company’s stock after selling 11,109 shares during the period. United Capital Management of KS Inc.’s holdings in Uber Technologies were worth $1,876,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Advisors Capital Management LLC raised its holdings in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after buying an additional 111 shares during the last quarter. Stelac Advisory Services LLC raised its holdings in Uber Technologies by 10.4% in the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after buying an additional 117 shares during the last quarter. Smithfield Trust Co raised its holdings in Uber Technologies by 8.3% in the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock worth $151,000 after buying an additional 118 shares during the last quarter. Oxinas Partners Wealth Management LLC raised its holdings in Uber Technologies by 1.3% in the third quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock worth $923,000 after buying an additional 122 shares during the last quarter. Finally, Cadence Bank raised its holdings in Uber Technologies by 1.7% in the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after buying an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.81% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on UBER shares. Truist Financial lifted their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a report on Tuesday. Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Get Our Latest Stock Analysis on UBER

Uber Technologies Stock Down 1.3%

UBER opened at $68.67 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average price of $73.41 and a 200-day moving average price of $77.16. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock has a market capitalization of $139.79 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 5.91 and a beta of 1.12.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the previous year, the company earned $0.83 earnings per share. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Key Stories Impacting Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

About Uber Technologies

(Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

Further Reading

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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